You could use many of the same arguments you’re making against dependent types against most programming language features. Why should a language have generics? Or first-class functions? Or even any kind of static typing whatsoever? Should Java not have added lambdas because it already had anonymous inner classes? You can clearly get by just fine in a lot of business applications without some of these features.
I think we should rather be discussing whether dependent types are useful for relatively simple applications, like providing type-safe database access or REST APIs in a library, rather than looking at them as tools for proving functional correctness. It’s not so clear that dependent types are too complex a solution there, especially if you look at a library like Servant, which already uses some advanced type system features, and which is actually a really practical library that is probably used in production applications as well. A library like Servant might be able to expressed more clearly with dependent types than with a hodgepodge of type system extensions. I think that wanting type-safe REST API access is already an order of magnitude more practical than model checking kernel code.